Responsibilities:
1. Financial Reporting: Prepare and analyze financial statements, including profit and loss statements, balance sheets, and cash flow statements. Provide regular reports to management on financial performance and forecasts.
2. Budgeting and Forecasting: Develop budgets and financial plans based on financial analysis and business goals. Monitor budget variances and adjust plans as needed.
3. SOP Development and Implementation: The company is growing, the candidate should have grip to develop new and efficient SOP’s in the accounts department.
4. Accounts Receivable and Payable: Manage accounts receivable and accounts payable processes, ensuring timely invoicing, collections, and payments.
Resolve any billing or payment issues with clients and vendors.
5. Cash Management: Monitor cash flow and manage cash balances to ensure liquidity for operations. Make recommendations for optimizing cash management processes.
6. Financial Analysis: Conduct financial analysis to support decision-making, such as evaluating investment opportunities, assessing pricing strategies, or analyzing cost structures.
7. Tax Compliance: Ensure compliance with tax regulations and manage tax planning strategies to minimize liabilities. Coordinate with external tax lawyers.
8. Audit and Compliance: Coordinate internal and external audits, ensuring compliance with accounting standards and regulatory requirements. Implement internal controls to safeguard company assets.
9. Financial Systems Management: Oversee the implementation and maintenance of accounting software and systems. Train staff on system usage and troubleshoot any issues.
10. Cost reduction and Cross check Mechanism: Developing a robust practice to reduce cost and conduct internal checks.
11. Team Leadership: Supervise and mentor accounting staff, guiding accounting principles and procedures. Foster a collaborative work environment.
12. Strategic Planning: Collaborate with executive management to develop financial strategies aligned with company objectives. Provide insights and recommendations for strategic decision-making.
Requirements: